EnQuest PLC: Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B635TG28

Issuer Name

ENQUEST PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Cobas Asset Management, SGIIC, S.A.

City of registered office (if applicable)

Madrid

Country of registered office (if applicable)

Spain

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

10-Mar-2023

6. Date on which Issuer notified

14-Mar-2023

7. Total positions of person(s) subject to the notification obligation

% of voting % of voting rights Total of Total
rights through financial both number of
attached to instruments (total in % voting
shares of 8.B 1 + 8.B 2) (8.A + rights held
(total 8.B) in issuer
of 8.A)
Resulting 4.157027 0.000000 4.157027 78398386
situation on the
date on
which threshold
was crossed or
reached
Position of 3.936900 0.000000 3.936900
previous
notification
(if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type Number Number of indirect % of direct % of indirect
of shares of voting rights voting rights voting rights
ISIN code(if direct (DTR5.2.1) (DTR5.1) (DTR5.2.1)
possible) voting
rights
(DTR5.1)
GB00B635TG28 78398386 4.157027
Sub Total 78398386 4.157027%
8.A

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of Expiration Exercise/ Number of voting rights that may be % of
financial date conve acquired if the instrument is voting
instrument rsion exercised/converted rights
period

Sub Total
8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of Expiration Exercise/conve Physical or Number of % of
financial date rsion period cash voting voting
instrument settlement rights rights

Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights
and/or the financial instruments are effectively held starting with the
ultimate controlling natural person or legal entities (please add additional
rows as necessary)

Ultimate Name of % of voting rights % of voting Total of both if
controlling controlled if it equals or is rights it equals or is
person undertaking higher than the through higher than the
notifiable financial notifiable
threshold instruments threshold
if it
equals or
is higher
than the
notifiable
threshold
Cobas Asset 4.157027 4.157027%
Management,
SGIIC, S.A.

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

In reference to section 9, the shares detailed are managed by the named
investment management entity within multiples portfolios on behalf of
underlying clients, based on investment managements agreements whereby the
client has delegated the exercise of voting rights to the investment manager.

12. Date of Completion

14-Mar-2023

13. Place Of Completion

Madrid

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